Taxes
- Assessed Value: $2,445,000
- Assessed Year: 2026
- Assessed County: New Hanover
- APN: R05714-003-014-000
- Assessed Land Value: 2062900
- Market Land Value: 2062900
- Tax Amount: 14388.83
- Tax Year: 2025
- Market Value: 2445000
- Market Year: 2026
225 Summer Rest Rd; Wilmington, NC Property Details
Off market
225 Summer Rest Rd Wilmington, NC 28405
$1,750,000 Listing Price
25,265 SqFt
Property Type
Residential GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $1,750,000
- Est. Equity / %: $2,859,000 / 100%
- Gross Yield: 0.839%
- APN: R05714-003-014-000
- Situs County: New Hanover
- Length Of Ownership: 6 years, 2 months
Measurements
- Total: 25,265/SqFt
- Lot: 24,829/SqFt
- Price Per Square Foot: $69.27
Legal Description
- Description: LOT 2 BLK 1 SUMMER REST ROAD DIV
Building Insights
Land Information
- Property Type: Residential General
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: New Hanover County Schools
- Lat / Lon: 34.221104 / -77.812675
- Subdivision: Summer Rest Road Div
- Property Class: Residential
- Zoning: R-20,RESID
- County Use Code: 99
Amenities
- Plus Four: 4135
Ownership Info
225 Summer Rest Rd has no associated ownership info
225 Summer Rest Rd has no associated ownership info.
Taxes
225 Summer Rest Rd has 10 associated Taxes items
225 Summer Rest Rd, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $2,445,000. The APN we've located for 225 Summer Rest Rd is R05714-003-014-000.
Unlock the full reportTax History
225 Summer Rest Rd has 7 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $2,445,000 | Land Value $2,062,900 | Improvement Value $382,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $14,388.83 | Change Rate -0.027182% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $1,700,100 | Land Value $1,350,400 | Improvement Value $349,700 | Tax Amount $14,790.87 | Change Rate +0.029585% | Assessed CR | Tax Rate +0.0087% |
| Year 2023 | Assessed Value $1,700,100 | Land Value $1,350,400 | Improvement Value $349,700 | Tax Amount $14,365.85 | Change Rate -0.005882% | Assessed CR | Tax Rate +0.00845% |
| Year 2022 | Assessed Value $1,700,100 | Land Value $1,350,400 | Improvement Value $349,700 | Tax Amount $14,450.85 | Change Rate -0.006777% | Assessed CR | Tax Rate +0.0085% |
| Year 2021 | Assessed Value $1,700,100 | Land Value $1,350,400 | Improvement Value $349,700 | Tax Amount $14,549.45 | Change Rate +0.039426% | Assessed CR | Tax Rate +0.008558% |
| Year 2020 | Assessed Value $1,328,800 | Land Value $1,328,800 | Improvement Value | Tax Amount $13,997.58 | Change Rate | Assessed CR | Tax Rate +0.010534% |